Title:  Senior Manager, GBM&T Compliance Remediation Testing

Purpose

Contributes to the overall success of the GBM&T Compliance Department globally ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives.  Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures.

Accountabilities

• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge.
• Scope and test Global GBM&T Businesses in order to assess compliance with legal, regulatory and internal firm policy requirements
• Focus on the applicable local and extra-territorial regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations
• Review and escalate potential issues and exception items noted during the review process to senior management and drive the Team’s collective issues management and validation testing efforts
• Ensure that the stakeholders respond with appropriate action to address all draft issues and deficiencies noted during the fieldwork process
• Perform required administrative responsibilities in support of testing that will build consistency to global standards, including but not limited to:
• • Preparing and entering all issues and observations into central repository
  • Prepare and distribute testing reports to senior management detailing review findings
  • Review workpapers documenting testing and supporting documentation to verify testing is completed accurately and consistently to GBM&T Testing standards
• Maintain a customer focused culture to deepen client relationships and leverage broader relationships, systems and knowledge
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high performance environment and contributes to an inclusive work environment.

Education/Experience

• A minimum of 7 years of compliance, audit or regulatory exam support, at least 4 of which should involve testing, audit, large accounting firm or regulatory background
• Experience/background in compliance applicable to broker-dealer internal inspections, institutional trading & sales, investment banking, futures commission merchant, swap dealer activities, commercial banking, investment management, and corporate functions within investment or commercial bank or institutional broker-dealer is preferred.
• Familiarity with applicable SEC, FINRA, CFTC, NFA, Federal Reserve and Global Banking rules applicable to international banks conducting institutional trading & sales, investment banking, investment management, and commercial banking
• Solid ability to quickly review, assimilate, prioritize and escalate issues to appropriate stakeholders.
• Solid ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines.
• Outstanding written and spoken communication abilities including excellent teamwork, interpersonal and conflict resolution skills.
• Highly organized and capable of dealing with complex projects as well as strong analytical and investigative skills.
• BA or international equivalent.